Nine­teen homes fea­tured on 2017 Pa­rade

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The small­est and largest of­fer­ings on this year’s Pa­rade of Homes — one on Canyon Road at 1,253 square feet and the other on E. San Ma­teo Road at 6,410 square feet— are both re­mod­els. You can see them, and the other 17 houses fea­tured on the 2017 tour, each Fri­day, Sat­ur­day, and Sun­day be­gin­ning on Aug. 11 and through Aug. 20.

Of the 19 homes fea­tured by builders this year, 11 are on Santa Fe’s north side, in­clud­ing six in Las Cam­panas. “Las Cam­panas Realty paid the en­try fees, over $10,000, for three of those; that’s over $10,000. That blew us away,” said Kim Shana­han, ex­ec­u­tive direc­tor of the spon­sor­ing or­ga­ni­za­tion, the Santa Fe Area Home Builders As­so­ci­a­tion. The other homes are in the Camino En­can­tado-Los Cer­ros Colorados area, on Canyon Road, and in the South Capi­tol dis­trict. There are no Pa­rade homes this year south of the city lim­its.

The av­er­age house on the Pa­rade is 3,170 square feet. Only seven of this year’s fea­tured houses have prices; they range from $438,900 to $2.2 mil­lion.

Pulte Homes of At­lanta, which is al­ready halfway through its plans to con­struct 300 houses at the south­side Las Sol­eras prop­erty, is now also build­ing in Las Cam­panas “Pulte could have put three homes in the Pa­rade, be­cause they lit­er­ally have three sub­di­vi­sions: two in Las Sol­eras, even though they look like one, and then now in Las Cam­panas. The largest pub­licly traded builder in Amer­ica gives cus­tom-home builders a run for their money in Las Cam­panas!” Shana­han pro­claimed. “They bought 49 lots out there. I in­ter­viewed [Pulte sales rep­re­sen­ta­tive] Joe Or­tiz and he said they have a lot of pre­sales. You think they’d all be empty-nesters mi­grat­ing out here, but Joe said they’re get­ting a lot of in­ter­est from ex­ist­ing Las Cam­panas home­own­ers who are want­ing to down­size from their 8,000-square-foot tro­phy homes. This one in the Pa­rade of Homes is 3,640 heated square feet, but they start at 2,500.”

Shana­han was sur­prised that there are only 19 Ha­cien­das homes this year when there were 25 in 2016. “What’s more sur­pris­ing is that there are only 11 builders, when we had 19 par­tic­i­pat­ing last year. It’s a lit­tle dis­tress­ing.”

It is al­ways a chal­lenge for the con­trac­tor to com­plete a new house, in­clud­ing at least a smat­ter­ing of invit­ing landscaping, and have it ready for tour­ing by mid-Au­gust. Plus the builder pays a hefty en­try fee for the priv­i­lege of show­ing a new house to hun­dreds of peo­ple in two weeks (and pos­si­bly ei­ther sell­ing it or lin­ing up a con­tract to build an­other). And the re­turn of the spec house af­ter the fi­nan­cial crash has been slow, most banks still hes­i­tant to fi­nance con­struc­tion. “We’re still not see­ing the builder-fi­nanced spec homes that we’d like to see,” Shana­han said. “It’s all about tim­ing: Do you have a client that’s willing to do it? Is the project go­ing to be done in a length of time that works for the client and every­body else?”

Sev­eral of the builders are ex­press­ing their firm be­lief in the value of the Ha­cien­das— A Pa­rade of Homes event by field­ing mul­ti­ple en­tries. Zachary & Sons Homes and Prull Cus­tom Builders have three homes each on the Pa­rade. And Tierra Con­cepts, Woods De­sign Builders, Arete Homes, and Bor­rego (ac­tu­ally, one by Bor­rego Cus­tom Homes and one by Bor­rego Con­struc­tion) all have two each on the tour.

Three of the en­tries are re­mod­els: one byWoods on Camino En­can­tado and one each by a cou­ple of Pa­rade first-timers: Scott Cherry of Light­foot Inc. has a small but beau­ti­ful re­model on Canyon Road and the team of con­trac­tor Eric Har­ris and de­signer Cara Scarola have the big one, 6,410 heated square feet and 8,899 square feet over­all, on East San Ma­teo Road.

The self-guided tour is open from 11 a.m. to 6 p.m. on the six event days, plus a dozen of the houses will stay open later, un­til 9 p.m., for the Twi­light Tour on Fri­day, Aug. 18. Tick­ets are $15 and can be pur­chased at any of the tour homes or at eventbrite.com. Call 982-1774 for more in­for­ma­tion.— PaulWei­de­man

PHO­TOS BY PAUL WEIDEMAN

Two of this year’s show houses: 134 Lo­vato Lane by Prull Cus­tom Builders (above) and 1208 1/2 Canyon Road by Light­foot, Inc.

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